MAHINDRA & MAHINDRA LTD. - Mahindra & Mahindra Ltd reply to clarification sought by the exchange

The Exchange had sought clarification from Mahindra & Mahindra Ltd with respect to news article appearing in Economic Times on April 17, 2015 titled "M&M in Final Stages of Talks to Buy Italian Design Firm Pininfarina"<BR><BR>Mahindra & Mahindra Ltd replied stating "The Company wishes to reiterate that there are no agreements which the Company has entered into, which require disclosure under Clause 36 of the Listing Agreement. <BR> <BR>As in the past, the Company would continue to inform stock exchanges about any price sensitive information before the same is made public."